250 replies to this topic
Posted 24 May 2004 - 08:14 AM
Up Up and Away
But First, Pause For the Doubters
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Posted 24 May 2004 - 08:34 AM
Month End Markup Monkeys are wasting no time buying stocks in the PreMarket.
Crude opened at the lows last night, now only down 3 cents.
But that doesn't matter.
Stocks are still "cheap".................
PigMen Proprietary Trading Desk
The Weimar Run: Bullphoria!!!!
Posted 24 May 2004 - 08:46 AM
Be happy and keep buying.
No need for Americans to have jobs.
8:27am 05/24/04 Alcoa in deal to build $1B smelter in Trinidad By Michael Baron
NEW YORK (CBS.MW) -- Alcoa (AA) reached an agreement with the government of Trinidad and Tobago to build an aluminum smelter with an annual capacity of at least 250,000 metric tons in Trinidad. The Pittsburgh-based Dow component expects the project to cost more than $1 billion. Alcoa will hold at least a 60 percent stake in the smelter with the government holding the remainder. Alcoa plans to take a lead role in the management and operation of the smelter, and it will have a right to 60 percent of the metal produced with the government getting the remainder. The company expects the smelter to directly employ 575 people upon completion. The stock closed Friday at $29.48, up 18 cents.
When was the last time an American Company gave OUR goverment 40% of production.
OUR COMPANIES are giving away OUR wealth to some other goverment.
Give me a break.
But good news. The CEO should get at least $20,000,000 bonus, if not $150,000,000
Posted 24 May 2004 - 08:50 AM
After a weekend and monday morning for full NEGATIVE BullHorning. Crude is trading at low $39.98....God help us as I think we will be at $45 when OPEC announces a Output increase on June 3rd in Lebanon.
Posted 24 May 2004 - 09:02 AM
All out effort by our best buddies the Saudis to talk down the price of their only product. Makes good sense particularly when various Fed heads have repeatedly assured everyone that we are not really very sensitive to oil priices, and the economy clearly is running very strong in spite of high oil prices, and there are really no substitutes .
Oops - it just crossed north of 40 again. The brain damaged equity market with its nerves all shot after years of substance abuse has not yet got the message .
Posted 24 May 2004 - 09:09 AM
When every the matrix is taking control, to pump up or down, they just take away the broadband of the WHOLE internet so that the J6P, will run very very slow and not be able to do anything but REACT to thier actions.
This is telling me that all the matrix computers are in sink. We will see what they have planned for us. The matrix computers are ready to transfer shares from on antoher.
I am hoping to see some of the MF start selling as they are hoping to protect thier profit.
Posted 24 May 2004 - 09:16 AM
Morning Crew- Iraq is a mess this morning many casualties taken overnight-that was a given once they knew the Idiot Prince was speaking tonite. Look for a gap and then Crap open-the Pig flies alone at the Bell for awhile. Remember on Oil it is all smoke and mirrors there is no way to transport it and no extra capacity to refine it, all refineries are going full out. The game is simply to aid Bush and make the Sheeple feel better.
Posted 24 May 2004 - 09:17 AM
It won't take long for an OPEC member to announce the threat of production cuts in response to the Saudis.
Bush will define it as "Economic Terrorism"
Posted 24 May 2004 - 09:19 AM
Private and state ownership is FASCIST.
Posted 24 May 2004 - 09:20 AM
I couldn't get the boards to load at all this morning for about an hour.
Watch for a major preakout today in Phelps Dodge (PD)
Posted 24 May 2004 - 09:25 AM
Not able to get my quote streamer to run this morning.
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